$40,000
4850 S Lake Park Avenue #709
Chicago, IL, 60615
A well-maintained residence offering excellent value and strong long-term potential. Located on the 7th floor, this unit provides bright natural light and pleasant open views. The building features a fully renovated marble lobby, 24hour reception, and onsite security, creating a secure and welcoming environment for residents and guests. The home includes 2 bedrooms, 1 bathroom, and a functional combined living/dining/kitchen layout that offers flexibility for updates or customization. Ideal for buyers seeking an affordable entry into the Hyde Park/Kenwood market or investors looking for a value-add opportunity. Close to the lakefront, parks, public transit, and neighborhood amenities. Cash only!
Property Details
Price:
$40,000
MLS #:
MRD12741378
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Neighborhood:
chikenwood
Listed Date:
Sep 9, 2026
Finished Sq Ft:
894
Year Built:
1970
Schools
School District:
299
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Forced Air
Exterior
Accessibility Features
Door Width 32 Inches or More, Low Pile Carpeting, Lowered Light Switches, No Interior Steps
Construction Materials
Brick
Financial
HOA Fee Frequency
Monthly
HOA Includes
None
Tax Year
2023
Taxes
$274,914
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Single Family in Chicago as of Sep 11, 2026
2,671
Single Family Listed
71
Avg DOM
241
Avg $ / SqFt
$546,970
Avg List Price
Community
- Address4850 S Lake Park Avenue #709 Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
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Property Summary
- 4850 S Lake Park Avenue #709 Chicago IL is a Single Family for sale in Chicago, IL, 60615. It is listed for $40,000 and features 2 beds, 1 baths, and has approximately 894 square feet of living space, and was originally constructed in 1970. The current price per square foot is $45. The average price per square foot for Single Family listings in Chicago is $241. The average listing price for Single Family in Chicago is $546,970. To schedule a showing of MLS#mrd12741378 at 4850 S Lake Park Avenue #709 in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
4850 S Lake Park Avenue #709
Chicago, IL
